IoT Company Senseye

Trusted by Fortune 500 industrial companies, Senseye Ltd, a Siemens company, is the leading cloud-based product for Predictive Maintenance 4.0. It is used by maintenance teams to half unplanned downtime and increase maintenance efficiency, saving money by using proprietary machine-learning algorithms to automatically forecast machine failure and remaining useful life, achieving a typical ROI of less than 3 months.

Built from the ground-up using sophisticated AI, Senseye PdM is for organizations that need to be confident in the current and future condition of their fleets of machines. Senseye PdM integrates seamlessly, on any asset, system or data source, using data you already collect or with newly installed sensors as part of a complete package. The easy-to-use software automatically generates machine and maintainer behavior models to help direct your attention and expertise to where it’s needed most.

Integrated Asset Condition Performance (IACP) - is automating the supply chain response to proactively replace assets/parts based on the real-time events to increase the uptime of assets, resulting in new, stable and predictable revenue streams.

IACP allows manufacturers to sell equipment-as-a-service rather than the product itself. The term is a variation of the "as-a-service" phrasing that has grown along with the popularity of cloud computing -- in, for example, software-as-a-service (SaaS) -- and employs similar subscription-based pricing driving from capital expenses (CAPEX) to operational expenses (OPEX).